Former CFTC Chairman Chris Giancarlo, also known as "Crypto Dad," has expressed his confidence in Bitcoin, calling it "digital gold" and stating that its time has come. Giancarlo highlighted the shift towards blockchain-based systems in financial institutions as a reason for Bitcoin's growing appeal. He emphasized Bitcoin's rarity as a key differentiator from fiat currencies and pointed to global adoption trends, such as El Salvador adopting Bitcoin as its official currency and seeing tripled reserves. Giancarlo believes that with Bitcoin's rise and anticipated positive crypto regulation in the US, blockchain technology will have a transformative impact by eliminating middlemen and making processes like property transfers instantaneous.



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